Managing Your Business

Managing Your Business

Once your business is established, it will hopefully start to grow, and as a result, it will start to take on a life of its own.  This is where a lot of businesses stall as the business owner struggles to manage the business on a daily basis and eventually reaches his or her own capacity to handle the operations.

Our services, detailed below are designed to answer some of the common questions you may have as you start to see your business grow, such as:

  • How do I manage my income and expenses?
  • How to I raise debt or equity to fund my business or restructure my existing debt?
  • How do my financial results convert to cash?


Creating a budget is critical to managing the financial side of the business, ensuring you are focusing your financial resources in the right area and managing costs so that you can maximize your bottom line.  We have created hundreds of budgets for clients over the years, helping them not only create a template for their business but also working with them to determine what items are critical to the success of the company and budgeted accordingly.

Dealing with Lenders

We know how hard it is to find debt required to manage the cash flow of your business.  Going directly to a bank or lender without a plan of what you need, why you need it and why it would be a good investment is a recipe for failure.  As we constantly work with our clients on their financing needs we can help to not only provide support and services to present the right story, but we also know which lenders are more likely to say yes to your specific customer needs and what debt terms to expect based on current market trends.

Cash Flow Management

Understanding the cash cycle and how your revenue converts to cash in your business is the most important financial metric you can know.  This cycle will help determine how much financing you will need to manage your working capital, accounts receivable, accounts payable, inventory, etc.  In addition, knowing this cycle will help you determine how quickly you can grow, how long you can survive in a downturn or how much money you need to borrow in order to fund normal operations.

Please contact us to learn more about how these services can help your company.

Helpful Links:

BiggsKofford’s Blog

Make a Payment to BiggsKofford

Warning, this is NOT the Colorado Department of Revenue. This is to make a payment to BiggsKofford, CPA Firm.